Brown & Brown, Inc. markets and sells insurance products and services in the United States, Bermuda, Canada, Cayman Islands, Ireland, and the United Kingdom. It operates through four segments: Retail, National Programs, Wholesale Brokerage, and Services. The company offers builders risk, group medical and pharmaceutical, property, commercial auto, homeowners, reinsurance, crop and hail, inland marine, retirement benefit, cyber, disability, risk mitigating warranty products, directors and officers, management liability, errors and omissions, medical stop loss, term life, excess liability, personal auto, umbrella, general liability, prescription drug, workers compensation, and group dental insurance products. It also provides professional liability and related package insurance products for dentistry, legal, eyecare, insurance, financial, physicians, and real estate title professionals, as well as supplementary insurance-related products for weddings, events, medical facilities, and cyber liability; homeowners and personal property policies, residential earthquake, and private passenger automobile and motorcycle coverage; commercial and public entity-related programs; and flood insurance, commercial difference-in-conditions, all-risk commercial property, coastal property programs, lender-placed solutions, sovereign Indian nations, and parcel insurance. In addition, it provides markets and sells excess and surplus commercial insurance products, such as personal lines, homeowners, yachts, jewelry, commercial property and casualty, commercial automobile, garage, restaurant, builder's risk, and inland marine lines; and third-party claims administration and medical utilization management services in the workers' compensation and all-lines liability arenas, as well as Medicare Set-aside, Social Security disability, Medicare benefits advocacy, and claims adjusting services. The company was founded in 1939 and is headquartered in Daytona Beach, Florida.
IPO Year:
Exchange: NYSE
Website: bbinsurance.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/24/2024 | $120.00 | Buy | Argus |
| 9/5/2024 | $108.00 | Equal Weight | Barclays |
| 8/12/2024 | $94.00 → $112.00 | Equal Weight → Overweight | Wells Fargo |
| 5/22/2024 | $91.00 → $101.00 | Underperform → Neutral | BofA Securities |
| 3/13/2024 | $80.00 → $86.00 | Neutral → Underperform | BofA Securities |
| 1/9/2024 | $85.00 → $78.00 | Buy → Hold | Jefferies |
| 1/8/2024 | $84.00 → $83.00 | Neutral → Buy | Goldman |
| 1/8/2024 | $81.00 | Sector Perform → Outperform | RBC Capital Mkts |
| 12/15/2023 | $78.00 → $71.00 | Outperform → Mkt Perform | Keefe Bruyette |
| 12/12/2023 | $77.00 | Neutral | BofA Securities |
Argus initiated coverage of Brown & Brown with a rating of Buy and set a new price target of $120.00
Barclays initiated coverage of Brown & Brown with a rating of Equal Weight and set a new price target of $108.00
Wells Fargo upgraded Brown & Brown from Equal Weight to Overweight and set a new price target of $112.00 from $94.00 previously
BofA Securities upgraded Brown & Brown from Underperform to Neutral and set a new price target of $101.00 from $91.00 previously
BofA Securities downgraded Brown & Brown from Neutral to Underperform and set a new price target of $86.00 from $80.00 previously
Jefferies downgraded Brown & Brown from Buy to Hold and set a new price target of $78.00 from $85.00 previously
Goldman upgraded Brown & Brown from Neutral to Buy and set a new price target of $83.00 from $84.00 previously
RBC Capital Mkts upgraded Brown & Brown from Sector Perform to Outperform and set a new price target of $81.00
Keefe Bruyette downgraded Brown & Brown from Outperform to Mkt Perform and set a new price target of $71.00 from $78.00 previously
BofA Securities initiated coverage of Brown & Brown with a rating of Neutral and set a new price target of $77.00
DAYTONA BEACH, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the third quarter of 2024. Revenues for the third quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1.2 billion, increasing $118 million, or 11.0%, compared to the third quarter of the prior year, with commissions and fees increasing by 10.1% and Organic Revenue increasing by 9.5%. Income before income taxes was $317 million, increasing 31.0% from the third quarter of the prior year with Income Before Income Taxes Margin increasing to 26.7% from 22.7%. EBITDAC - Adjusted was $414 million, increasing 11.9% fro
DAYTONA BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced that the board of directors has declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on November 13, 2024, to shareholders of record on November 6, 2024. The dividend represents a 15% increase from the previous regular quarterly cash dividend of $0.13 per share and is Brown & Brown's 31st consecutive annual dividend increase. About Brown & Brown, Inc. Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 16,000 teammates and 500+ location
DAYTONA BEACH, Fla., Oct. 03, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Paul Borchert and Jeff McDonald, principals of The Canopy Group, Inc., today announced that a subsidiary of Brown & Brown, Inc. has acquired the assets of The Canopy Group. The Canopy Group is a multiline insurance agency focusing primarily on personal lines and commercial property and casualty for small businesses. Based in Le Sueur, Minnesota, The Canopy Group serves over 16,000 customers throughout Minnesota. Paul Borchert and Jeff McDonald will continue to lead The Canopy Group operations from their offices in Minnesota. Rich Knudson, senior vic
DAYTONA BEACH, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces it will release its 2024 third-quarter earnings on Monday, October 28, 2024, after the close of the market. On Tuesday, October 29, 2024, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's third-quarter 2024 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown's website at 8:00 a.m. EDT. Simply log on to www.bbinsurance.com and click on "Investor Relations" and th
DAYTONA BEACH, Fla., July 29, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), Aquiline Capital Partners, Gijsbert van de Nieuwegiessen and the management ownership team of Quintes Holding B.V. ("Quintes"), today announced that the parties have entered into an agreement to acquire the Quintes insurance operations. The transaction is expected to close in the fourth quarter of 2024, subject to certain closing conditions, including the receipt of required regulatory approvals for the acquisition. Quintes was founded in 2012 by Gijsbert van de Nieuwegiessen and is one of the largest independent insurance brokers in the Netherlands. Quintes
DAYTONA BEACH, Fla., July 22, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the second quarter of 2024. Revenues for the second quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1.2 billion, increasing $131 million, or 12.5%, compared to the second quarter of the prior year, with commissions and fees increasing by 11.4% and Organic Revenue increasing by 10.0%. Income before income taxes was $346 million, increasing 36.2% from the second quarter of the prior year with Income Before Income Taxes Margin increasing to 29.4% from 24.3%. EBITDAC - Adjusted was $420 million, increasing 17.3
DAYTONA BEACH, Fla., July 17, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces that the board of directors has declared a regular quarterly cash dividend of $0.13 per share. The dividend is payable on August 14, 2024, to shareholders of record on August 7, 2024. About Brown & Brown, Inc. Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 16,000 teammates and 500+ locations worldwide, we are committed to providing innovative strategies to help protect what our customers value most. For more information or to find an office near you, please visit bbinsurance.com. F
DAYTONA BEACH, Fla., July 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces it will release its 2024 second-quarter earnings on Monday, July 22, 2024, after the close of the market. On Tuesday, July 23, 2024, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's second-quarter 2024 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown's website at 8:00 a.m. EDT. Simply log on to www.bbinsurance.com and click on "Investor Relations" and then "C
DAYTONA BEACH, Fla., June 07, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Patrick and Aleshia McNamara, principals of McNamara Company, today announced that Brown & Brown has acquired the assets of McNamara Company. McNamara Company is a family-owned agency that has been servicing customers in all 50 states for four generations. Established in 1970 in Minnesota, McNamara Company provides a full-service suite of insurance solutions for businesses, families and individuals. The McNamara team will join the Brown & Brown office in Phoenix and report to Scott Jones, the leader of the Phoenix team. John Esposito, senior vice presid
DAYTONA BEACH, Fla., April 22, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the first quarter of 2024. Revenues for the first quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1,258 million, increasing $142 million, or 12.7%, compared to the first quarter of the prior year, with commissions and fees increasing by 11.6% and Organic Revenue increasing by 8.6%. Income before income taxes was $364 million, increasing 23.8% from the first quarter of the prior year with Income Before Income Taxes Margin increasing to 28.9% from 26.3%. EBITDAC - Adjusted was $466 million, increasing 17.1% co
RBC Capital analyst Scott Heleniak maintains Brown & Brown (NYSE:BRO) with a Outperform and raises the price target from $95 to $110.
Wells Fargo analyst Elyse Greenspan maintains Brown & Brown (NYSE:BRO) with a Equal-Weight and raises the price target from $88 to $94.
Truist Securities analyst Mark Hughes maintains Brown & Brown (NYSE:BRO) with a Buy and raises the price target from $104 to $112.
U.S. stocks were mixed, with the Dow Jones index falling around 50 points on Tuesday. Shares of Danaher Corporation (NYSE:DHR) rose sharply during Tuesday's session after the company reported better-than-expected second quarter earnings. Danaher's second quarter sales decreased 3% year-over-year to $5.743 billion, beating the consensus of $5.59 billion. Danaher reported second-quarter adjusted EPS of $1.72, beating the consensus of $1.57, according to data from Benzinga Pro. Danaher shares gained 7.4% to $269.35 on Tuesday. Here are some other big stocks recording gains in today’s session. Kiniksa Pharmaceuticals International, plc (NASDAQ:KNSA) shares jumped 16% to $24.81 af
Brown & Brown (NYSE:BRO) reported quarterly earnings of $0.93 per share which beat the analyst consensus estimate of $0.88 by 5.68 percent. The company reported quarterly sales of $1.178 billion which beat the analyst consensus estimate of $1.144 billion by 2.93 percent. This is a 12.51 percent increase over sales of $1.047 billion the same period last year.
Wall Street started the new week on a positive note, with all major indices in the green. A rebound in tech stocks following last week’s dips bolstered overall investor sentiment. Investors focused on the start of the tech earnings season, looking past President Joe Biden‘s withdrawal from the reelection campaign. Semiconductor stocks, which plunged last week due to threats of increased curbs on China, rallied on Monday. The VanEck Semiconductor ETF (NYSE:SMH) and the iShares Semiconductor ETF (NYSE:SOXX) both rose by 2.5%. The tech-heavy Nasdaq 100 index surged 1% by 12:40 p.m. in New York, poised to snap a three-day losing streak. The S&P 500 edged up 0.7%, while blue-chip stocks in
Brown & Brown, Inc. (NYSE:BRO) will release its second-quarter financial results, after the closing bell on Monday, July 22. Analysts expect the Daytona Beach, Florida-based company to report quarterly earnings at 88 cents per share, up from 68 cents per share in the year-ago period. Brown & Brown is seen posting revenue of $1.14 billion, compared to $997.51 million a year earlier, according to data from Benzinga Pro. On July 17, Brown & Brown declared a regular quarterly cash dividend of 13 cents per share. With the recent buzz around Brown & Brown, some investors may be eyeing potential gains from the company's dividends too. As of now, Brown & Brown offers an annual dividend yiel
The CNN Money Fear and Greed index showed a further decline in the overall market sentiment, while the index remained in the “Neutral” zone on Friday. U.S. stocks closed lower on Friday, with the Dow Jones index falling more than 350 points during the session. The S&P 500 fell 1.97%, while the Nasdaq dipped 3.65% last week, recording their biggest weekly losses since April. However, the Dow gained 0.72% during the week. On the economic data front, the total number of active U.S. oil rigs fell by one to 477 rigs this week, reported Baker Hughes Inc. CrowdStrike Holdings, Inc. (NASDAQ:CRWD) shares dipped over 11% on Friday after the company suffered a major outage impacting businesses
With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows: Wall Street expects Verizon Communications Inc. (NYSE:VZ) to report quarterly earnings at $1.15 per share on revenue of $33.06 billion before the opening bell, according to data from Benzinga Pro. Verizon shares fell 0.1% to $41.59 in after-hours trading. The Boeing Company (NYSE:BA) said it sees a 3% rise in airplane deliveries over the next 20 years with air travel exceeding pre-pandemic demand. Boeing shares slipped 0.1% to $179.45 in the after-hours trading session. Analysts expect SAP SE (NYSE:SAP) to post quarterly earnings at $1.16 per share on
DAYTONA BEACH, Fla., Nov. 15, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) is proud to announce that our team of companies earned the 2025 Military Friendly® Employer designation. "Our Military Friendly® Employer designation is a result of strong collaboration across teams, including our Veterans Teammate Resource Group. Their insights and dedication help us create a more inclusive and supportive culture for veterans, spouses and the military community. Bringing service members onto the Brown & Brown team is not just about supporting those who serve or have served; it's about building a stronger, more resilient organization. The leadership skills, discipline and work ethic demo
DAYTONA BEACH, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Paul Gallagher, CPA, as its controller. In this role, Gallagher will provide strategic guidance and leadership for all financial operations, including SEC and financial reporting, controls and compliance, acquisitions, planning and strategic decision-making. He will also play a key role in supporting continued talent development. "We are very excited to welcome Paul to the Brown & Brown team," said Andy Watts, executive vice president, chief financial officer and treasurer. "He brings a wealth of global experience and the skills as well as the leadership
DAYTONA BEACH, Fla., Nov. 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") today announced the completion of the previously announced acquisition of the insurance operations of Quintes Holding B.V. Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 16,000 teammates and 500+ locations worldwide, we are committed to providing innovative strategies to help protect what our customers value most. For more information or to find an office near you, please visit bbinsurance.com. This press release may contain certain statements relating to future results
DAYTONA BEACH, Fla., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") announced its unaudited financial results for the third quarter of 2024. Revenues for the third quarter of 2024 under U.S. generally accepted accounting principles ("GAAP") were $1.2 billion, increasing $118 million, or 11.0%, compared to the third quarter of the prior year, with commissions and fees increasing by 10.1% and Organic Revenue increasing by 9.5%. Income before income taxes was $317 million, increasing 31.0% from the third quarter of the prior year with Income Before Income Taxes Margin increasing to 26.7% from 22.7%. EBITDAC - Adjusted was $414 million, increasing 11.9% fro
DAYTONA BEACH, Fla., Oct. 24, 2024 (GLOBE NEWSWIRE) -- J. Powell Brown, president and chief executive officer, and Julie Turpin, chief people officer, are proud to announce that Brown & Brown, Inc. ("Brown & Brown") and our team of companies have been Certified™ by Great Place To Work® for the sixth consecutive year, in addition to being included on the 2024 Fortune Best Workplaces for Women™ List for the fourth year in a row. "Our teammates are our most valuable resource and at the center of everything we do. Their hard work and commitment to doing what is best for our customers is the driving force behind our shared success, and we couldn't be prouder of what we've accomplished together
DAYTONA BEACH, Fla., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced that the board of directors has declared a regular quarterly cash dividend of $0.15 per share. The dividend is payable on November 13, 2024, to shareholders of record on November 6, 2024. The dividend represents a 15% increase from the previous regular quarterly cash dividend of $0.13 per share and is Brown & Brown's 31st consecutive annual dividend increase. About Brown & Brown, Inc. Brown & Brown, Inc. (NYSE:BRO) is a leading insurance brokerage firm, delivering risk management solutions to individuals and businesses since 1939. With over 16,000 teammates and 500+ location
CHICAGO, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Cylinder, the employee benefit provider for digestive health, today announced it entered a partnership with Brown & Brown, a top insurance brokerage and risk management consulting firm. The partnership, which began in June 2024, includes the integration of Cylinder's app-based digestive health management platform into Brown & Brown's robust portfolio of payer solutions, and strengthens the firm's ability to advise health plans on making more informed benefits decisions related to gastrointestinal (GI) care. Brown & Brown develops comprehensive benefits programs with data-driven insights to help attract and retain talent while managing healthcare
DAYTONA BEACH, Fla., Oct. 03, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Paul Borchert and Jeff McDonald, principals of The Canopy Group, Inc., today announced that a subsidiary of Brown & Brown, Inc. has acquired the assets of The Canopy Group. The Canopy Group is a multiline insurance agency focusing primarily on personal lines and commercial property and casualty for small businesses. Based in Le Sueur, Minnesota, The Canopy Group serves over 16,000 customers throughout Minnesota. Paul Borchert and Jeff McDonald will continue to lead The Canopy Group operations from their offices in Minnesota. Rich Knudson, senior vic
DAYTONA BEACH, Fla., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) announces it will release its 2024 third-quarter earnings on Monday, October 28, 2024, after the close of the market. On Tuesday, October 29, 2024, J. Powell Brown, Brown & Brown's president and chief executive officer, and R. Andrew Watts, Brown & Brown's executive vice president and chief financial officer, will host an investor update conference call concerning Brown & Brown's third-quarter 2024 financial results. You are invited to listen to the call, which will be broadcast live on Brown & Brown's website at 8:00 a.m. EDT. Simply log on to www.bbinsurance.com and click on "Investor Relations" and th
DAYTONA BEACH, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Mike Neal and Mark Abate to the Company's senior leadership team and the Retail segment senior leadership team. "We are excited to welcome Mike and Mark to Brown & Brown's senior leadership team," said Powell Brown, president and chief executive officer. "They bring extensive experience in their respective specializations, and their contributions will support our ongoing mission to be the world's leading provider of risk management and insurance solutions for our customers." Barrett Brown, executive vice president and president of the Brown & Brown's Ret
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DAYTONA BEACH, Fla., Nov. 11, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Paul Gallagher, CPA, as its controller. In this role, Gallagher will provide strategic guidance and leadership for all financial operations, including SEC and financial reporting, controls and compliance, acquisitions, planning and strategic decision-making. He will also play a key role in supporting continued talent development. "We are very excited to welcome Paul to the Brown & Brown team," said Andy Watts, executive vice president, chief financial officer and treasurer. "He brings a wealth of global experience and the skills as well as the leadership
DAYTONA BEACH, Fla., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Mike Neal and Mark Abate to the Company's senior leadership team and the Retail segment senior leadership team. "We are excited to welcome Mike and Mark to Brown & Brown's senior leadership team," said Powell Brown, president and chief executive officer. "They bring extensive experience in their respective specializations, and their contributions will support our ongoing mission to be the world's leading provider of risk management and insurance solutions for our customers." Barrett Brown, executive vice president and president of the Brown & Brown's Ret
DAYTONA BEACH, Fla., April 01, 2024 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of David Putz and Niels Seebeck to the senior leadership team. President and chief executive officer Powell Brown remarked, "With our continued strong business growth comes the need to tap into our deep ranks of key leaders to provide additional, unique perspectives and insights that will help drive us forward. I am excited to welcome David and Niels to our senior leadership team. Each of them brings extensive industry experience, particularly within the programs space, and their contributions will further enable our mission of being the leading global pro
DAYTONA BEACH, Fla., March 06, 2024 (GLOBE NEWSWIRE) -- J. Scott Penny, chief acquisitions officer of Brown & Brown, Inc. (NYSE:BRO), and Hunter Hill, the founder of Hillco Insurance ("Hillco"), today announced that Brown & Brown has acquired the assets of Hillco. Hillco was established by Hunter Hill in the Dallas metropolitan area to serve the personal and commercial insurance needs of the expansive Dallas business community. The Hillco team is focused on providing insurance solutions for their wide range of customers with deep understanding of unique needs of the Texas insurance market. Hillco will join the Brown & Brown office in Dallas and will continue to be led by Hunter Hill. Hunt
DAYTONA BEACH, Fla., Nov. 22, 2023 (GLOBE NEWSWIRE) -- Bridge Specialty Group, the Wholesale Brokerage segment of Brown & Brown, Inc. (NYSE:BRO), announced that Tim Coles has been named chief executive officer (CEO) for the European brokerage operations of Bridge Specialty Group, effective January 1, 2024. Most recently, he served as CEO of Xenia Broking Group, part of Kentro Capital Limited, which was acquired in October 2023. Tim began his insurance career at Howden, where he served for 13 years, first as CEO of the London broking business and then as CEO of Howden Broking Group. Stephen M. Boyd, president of Bridge Specialty Group, shared, "Over the last few years, we have been dilige
DAYTONA BEACH, Fla., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) today announced the completion of the previously announced acquisition of Kentro Capital Limited into the operations of Brown & Brown Europe. Mike Bruce, chief executive officer of Brown & Brown Europe, said, "We are very excited to welcome Kentro to the Brown & Brown team. The opportunity to collaborate with Colin and our new Xenia and Nexus teammates while adding their unique capabilities to our already robust service offerings will further strengthen our presence in the U.K., Western Europe and the U.S., as well as position us for continued growth." Colin Thompson, group CEO of Kentro, added, "Th
DAYTONA BEACH, Fla., June 01, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Barry Hensley as chief security officer (CSO) and Rob Burch as chief information security officer (CISO) for Brown & Brown. Gray Nester, the Company's chief information officer, said, "With the addition of a CSO role and the talents of Barry and Rob, Brown & Brown is investing in our business's long-term success and future. Barry's service in the armed forces and with a leading security firm, paired with Rob's experience working for Fortune 500 companies, brings new depth to our team, enabling us to strengthen our security framework." Barry has extensive
DAYTONA BEACH, Fla., May 25, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Pattysue Rauh as chief audit officer for Brown & Brown, effective July 2023. Rauh will also serve on the senior leadership team. In this new role, Rauh will lead the Company's internal audit and compliance operations, overseeing internal controls. She will transition from her current role as executive vice president of national employee benefits within Brown & Brown's Retail segment over the coming month. Andy Watts, chief financial officer, said, "Pattysue has been a valuable part of the Brown & Brown team for more than 25 years. She has served in various
DAYTONA BEACH, Fla., April 10, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Robert Mathis as chief legal officer for Brown & Brown. Mathis will also serve on the senior leadership team. Powell Brown, president and chief executive officer, remarked, "I am very pleased to announce the appointment of Robert as our chief legal officer and a member of our senior leadership team. Brown & Brown was built on a foundation deeply rooted in honesty and integrity, and Robert's more than 30 years as a legal professional well positions him to continue upholding the high standards of business ethics that we have throughout our Company." Before
DAYTONA BEACH, Fla., April 07, 2023 (GLOBE NEWSWIRE) -- Brown & Brown, Inc. (NYSE:BRO) (the "Company") has announced the appointment of Michael Vaughan as chief data officer for Brown & Brown. Gray Nester, chief information officer, said, "Brown & Brown is continuing our journey to grow and scale our business, including how we make data actionable to support critical business goals and drive positive business outcomes. Mike is a proven leader in developing, aligning, communicating and delivering data strategies, capabilities and roadmaps. We are confident that his experience leading continuous, incremental improvements will help enhance our data strategy and will move us forward faster, c